New York Joins ESG Battle Against Tyson After Virus Outbreak (1)

Jan. 15, 2021, 12:09 AM

New York state has joined investors managing trillions of dollars in pressuring Tyson Foods Inc. to improve its practices after slaughterhouses became coronavirus hot spots last year.

The state’s pension fund wants America’s top meat producer to end a dual-class share structure that has effectively insulated the company from having to answer its shareholders over the coronavirus crisis, according to a proposal filed by New York State Common Retirement Fund that will be discussed next month at Tyson’s annual general meeting..

U.S. meat packers have been under pressure after thousands of workers caught the virus at processing plants last spring,...

To read the full article log in. To learn more about a subscription click here.